Content about finance

The government only has one argument in favour of the Fiscal Treaty: If we vote NO, we will be unable to borrow money to fund public services. There will be no stability and so the ATM machines will seize up.

The government’s case comes down to access to the European Stability Mechanism fund. This is a €700 billion firewall that eurozone governments can draw on if other borrowing costs are too high.

The government only has one argument in favour of the Fiscal Treaty: If we vote NO, we will be unable to borrow money to fund public services. There will be no stability and so the ATM machines will seize up.

The government’s case comes down to access to the European Stability Mechanism fund. This is a €700 billion firewall that eurozone governments can draw on if other borrowing costs are too high.

Despite attempts by powerful outside interests - and even our own government!

to by-pass the Irish electorate and prevent this referendum, the decision by the Attorney General has given us a chance to protect ourselves from further permanent erosion of our constitutional rights and national

The United Left Alliance rejects the Austerity Treaty and calls for No vote in referendum

The ULA today rejected the Austerity Treaty as a bankers treaty, in continuity with the bank bailouts already made, and an attack on the living standards of ordinary people and the public services on which we depend. The ULA demands a full public debate on the treaty and will vigorously campaign for a ‘no’ vote in the coming referendum.

The United Left Alliance rejects the Austerity Treaty and calls for No vote in referendum

The ULA today rejected the Austerity Treaty as a bankers treaty, in continuity with the bank bailouts already made, and an attack on the living standards of ordinary people and the public services on which we depend. The ULA demands a full public debate on the treaty and will vigorously campaign for a ‘no’ vote in the coming referendum.